molina healthcare is a fortune 500 company that is focused exclusively on government-sponsored health care programs for families and individuals who qualify for government sponsored health care. molina healthcare contracts with state governments and serves as a health plan providing a wide range of quality health care services to families and individuals. molina healthcare offers health plans in california, florida, illinois, michigan, new mexico, ohio, south carolina, texas, utah, washington, wisconsin and puerto rico. molina also offers a medicare product and has been selected in several states to participate in duals demonstration projects to manage the care for those eligible for both medicaid and medicare. molina healthcare owns and operates primary care clinics in california, florida, new mexico, washington and virginia. our medical offices provide individuals who qualify for government sponsored programs with medical care including prenatal care, immunizations, and flu shots
Company profile
Ticker
MOH
Exchange
Website
CEO
Joseph Zubretsky
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MOLINA HEALTHCARE INC
SEC CIK
Corporate docs
Subsidiaries
2028 West Broadway, LLC • Central Health Plan of California, Inc. • MHAZ, Inc. • Molina Healthcare Data Center, LLC • Molina Healthcare of Arizona, Inc. • Molina Healthcare of Florida, Inc. • Molina Healthcare of Georgia, Inc. • Molina Healthcare of Illinois, Inc. • Molina Healthcare of Indiana, Inc. • Molina Healthcare of Iowa, Inc. ...
IRS number
134204626
MOH stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
3 May 24
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Molina Healthcare Reports First Quarter 2024 Financial Results
24 Apr 24
8-K
Molina Healthcare Wins Michigan Medicaid Contract
11 Apr 24
ARS
2023 FY
Annual report to shareholders
21 Mar 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
8-K
Molina Healthcare Provides Update on the Virginia Cardinal Care Managed Care Contract
29 Feb 24
10-K
2023 FY
Annual report
13 Feb 24
8-K
Molina Healthcare Reports Fourth Quarter and Year-End 2023 Financial Results
7 Feb 24
Transcripts
MOH
Earnings call transcript
2024 Q1
25 Apr 24
MOH
Earnings call transcript
2023 Q4
8 Feb 24
MOH
Earnings call transcript
2023 Q3
26 Oct 23
MOH
Earnings call transcript
2023 Q2
27 Jul 23
MOH
Earnings call transcript
2023 Q1
27 Apr 23
MOH
Earnings call transcript
2022 Q4
9 Feb 23
MOH
Earnings call transcript
2022 Q3
27 Oct 22
MOH
Earnings call transcript
2022 Q2
28 Jul 22
MOH
Earnings call transcript
2022 Q1
28 Apr 22
MOH
Earnings call transcript
2021 Q4
10 Feb 22
Latest ownership filings
4
JAMES WOYS
24 May 24
144
Notice of proposed sale of securities
22 May 24
4
RONNA ROMNEY
22 May 24
144
Notice of proposed sale of securities
21 May 24
4
Stephen H Lockhart
2 Apr 24
4
RICHARD C ZORETIC
2 Apr 24
4
Richard M Schapiro
2 Apr 24
4
DALE B WOLF
2 Apr 24
4
STEVEN J ORLANDO
2 Apr 24
4
RONNA ROMNEY
2 Apr 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.57 bn | 4.57 bn | 4.57 bn | 4.57 bn | 4.57 bn | 4.57 bn |
Cash burn (monthly) | 112.00 mm | 2.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 258.89 mm | 4.82 mm | n/a | n/a | n/a | n/a |
Cash remaining | 4.31 bn | 4.57 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 38.5 | 2192.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
95.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 596 |
Opened positions | 510 |
Closed positions | 9 |
Increased positions | 32 |
Reduced positions | 32 |
13F shares | Current |
---|---|
Total value | 19.34 tn |
Total shares | 55.69 mm |
Total puts | 113.70 k |
Total calls | 87.50 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 6.60 mm | $2.71 tn |
Capital World Investors | 5.25 mm | $2.16 tn |
BLK Blackrock | 4.85 mm | $1.99 tn |
T. Rowe Price | 3.79 mm | $1.56 bn |
Wellington Management | 3.44 mm | $1.41 tn |
STT State Street | 2.59 mm | $1.06 tn |
Capital Research Global Investors | 2.43 mm | $998.52 bn |
T. Rowe Price Investment Management | 1.98 mm | $812.01 mm |
FMR | 1.96 mm | $806.94 bn |
Capital International Investors | 1.67 mm | $684.36 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 24 | James Woys | Common Stock | Sell | Dispose S | No | Yes | 347.93 | 100 | 34.79 k | 53,613 |
22 May 24 | James Woys | Common Stock | Sell | Dispose S | No | Yes | 347.08 | 350 | 121.48 k | 53,713 |
22 May 24 | James Woys | Common Stock | Sell | Dispose S | No | Yes | 346.07 | 1,743 | 603.20 k | 54,063 |
22 May 24 | James Woys | Common Stock | Sell | Dispose S | No | Yes | 345.19 | 5,607 | 1.94 mm | 55,806 |
22 May 24 | James Woys | Common Stock | Sell | Dispose S | No | Yes | 344.32 | 1,450 | 499.26 k | 61,413 |
22 May 24 | James Woys | Common Stock | Sell | Dispose S | No | Yes | 343.02 | 750 | 257.27 k | 62,863 |
21 May 24 | Romney Ronna | Common Stock | Sell | Dispose S | Yes | No | 343.27 | 250 | 85.82 k | 16,945 |
1 Apr 24 | Brasier Barbara L | Common Stock | Grant | Acquire A | No | No | 404.2 | 136 | 54.97 k | 3,688 |
1 Apr 24 | Cooperman Daniel | Common Stock | Grant | Acquire A | No | No | 404.2 | 136 | 54.97 k | 5,789 |
1 Apr 24 | Romney Ronna | Common Stock | Grant | Acquire A | Yes | No | 404.2 | 136 | 54.97 k | 17,195 |
News
Here's How Much You Would Have Made Owning Molina Healthcare Stock In The Last 10 Years
3 Jun 24
JP Morgan Maintains Overweight on Molina Healthcare, Lowers Price Target to $420
30 May 24
Unveiling 11 Analyst Insights On Molina Healthcare
30 May 24
Baird Initiates Coverage On Molina Healthcare with Outperform Rating, Announces Price Target of $405
30 May 24
Why UnitedHealth Stock Is Sliding Wednesday
29 May 24